26: Secrets to Supercharging Your Retirement with Property Investing with Tracey Norris

Unleash the power of your superannuation savings and unlock a world of investment opportunities with self-managed super funds (SMSFs) and property.

Superannuation savings are often an untapped source of wealth, but with the right strategies, you can make your super work harder for you. In this episode, Sally Preston sits down with Tracey Norris, a director at Pitcher Partners, to explore the advantages of investing in property through your self-managed super fund (SMSF).

In this episode of the Smarten Up! The Tax and Business Podcast, you'll learn:

Separate your business premises from your operating business for enhanced asset protection (1:32)
Unlock tax advantages by paying rent to your SMSF at a lower 15% tax rate (2:15)
Leverage your SMSF to borrow money and invest in property (4:10)
Accumulate wealth faster by retaining 85% of rental earnings in your SMSF (4:10)
Navigate the rules and traps of acquiring business premises through your SMSF (6:53)
Structure your SMSF borrowings to settle property purchases (9:40)
Utilize the power of special purpose SMSFs for multiple members (13:33)
Restructure your business and roll over capital gains tax-free into your SMSF (19:02)
Boost your super balance with tax-deductible contributions and accelerate debt repayment (24:41)
Explore related party lending strategies for SMSF borrowings (25:33)
Understand the compliance requirements, including annual audits for SMSFs (28:36)

Don't let your superannuation savings sit idle. Discover how investing in property through your SMSF can be a game-changer for your wealth accumulation and retirement planning.